Latvia Three Month Interbank Rate was quoted at 0.17 percent on Tuesday June 18. Interbank Rate in Latvia averaged 3.48 percent from 1997 until 2019, reaching an all time high of 23.50 percent in June of 2009 and a record low of 0.16 percent in October of 2013.
Interbank Rate in Latvia is expected to be 0.17 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Latvia to stand at 0.42 in 12 months time. In the long-term, the Latvia Three Month Interbank Rate is projected to trend around 0.92 percent in 2020, according to our econometric models.